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President: Citizens do not have to suffer because of excessively high gas price

President: Citizens do not have to suffer because of excessively high gas price
Ukrainian citizens and industries will not be held hostage to the excessively high gas price our country is paying, President Viktor Yanukovych said at a meeting with candidates for district state administrations chairmen late Friday.

The President said that the government has not raised gas prices for the population by 50%, “as some international institutions had proposed,” because it was well aware that "most of the socially unprotected people would not be able to afford such a price."

Viktor Yanukovych also added that the increase of gas price would also be unbearable for the national industry. "It would be a dead end for the economy. We chose not to raise the price," said Viktor Yanukovych.